How forensic accountants use Benford's Law to detect fraud

VIDEO: In most naturally occurring data sets, the first digit is 1 more than six times as often as it is 9. What?!

MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE   Finance Select   February 18, 2016 How forensic accountants use Benford's Law to detect fraud VIDEO: In most naturally occurring data sets, the first digit is 1 more than six times as often as it is 9. What?! Read» Share this story: Venezuela needs oil close to $200 a barrel to balance its budget Venezuela is on the brink of economic collapse. According to the...  Read» Share this story: The BMW M2 is the anti-driverless car The 2016 BMW M2 is the renaissance of the purebred 2-door sports coupe...  Read» Share this story: This is how the Internet feels about Kanye West's $53 million debt VIDEO: The Internet had an incredible response to Kanye West's tweet announcing that he is, in fact, $53 million in debt.    Read» Share this story: Managers at HSBC won't get a promised pay rise HSBC has struggled to strike the right tone on pay. The bank u-turned on...  Read» The next tallest building in the world could be in Tokyo — here's what it would look like if built A new building that would be the tallest in the world could be set to...  Read» Selling Typhoon jets to Saudi Arabia gave BAE a big boost Saudi Arabia's military service was the main reason for London-listed...  Read» Advertisement British Gas-owner Centrica is cutting another 3,000 jobs — and shares are popping Another day, another sweeping round of job cuts in the commodities...  Read» Share this story: You're probably using your deodorant all wrong It's part of your normal morning routine: You shower, brush your teeth...  Read» Share this story: Startups are partnering with the Wall Street firms they're meant to replace — for one important reason The financial-technology, or fintech, industry has exploded, and big...  Read» Share this story: Here's what happens when an old-school finance firm buys a startup As technology startups disrupt the retail, healthcare, and finance...  Read» Share this story: See Also The 10 most important things in the world right now Good morning! Here's what you need to know on Thursday. 1. At least 28...   Read»   A £1.8 billion London tech unicorn just got a cash injection but it can't pay its staff on time It looks like a London payment technology company reportedly valued at...   Read»   Wall Street's best business is cratering Wall Street's engine room is spluttering. The equities business, which...   Read»   The 'Insta-famous' sons and daughters of New York's elite just made their fashion debut — here's what happened In addition to being an aspiring fashion designer, Andrew Warren is...   Read»   Share: Share: Share: Share: Share this: Email sent to:   |   Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Avenue, New York, NY 10011